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TROY, Mich. , June 4, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced the pricing on June 3, 2020 of $300 million aggregate principal amount of its 6.25% unsecured senior notes due 2025 (the "notes"). The offering is being made in a private placement to qualified institutional

Reaffirms Third Quarter Fiscal Year 2020 Revenue and Cash Flow Guidance TROY, Mich. , June 3, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) today announced actions designed to enhance the financial position of the company in light of current market conditions resulting from the COVID-19

TROY, Mich. , March 31, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) today announced that it is notifying holders of its 7.875 percent Convertible Senior Notes due 2026 (the "Notes") that they are entitled to convert all or a portion of their Notes at any time beginning April 1, 2020 and prior

TROY, Mich. , March 25, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) today provided an update on its global operations in response to the continued spread and impact of COVID-19. "The COVID-19 pandemic has resulted in unprecedented uncertainty in the global commercial vehicle industry and

TROY, Mich. , March 16, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) today announced that the distribution agreement between Meritor and a subsidiary of WABCO Holdings, Inc. has been terminated, effective March 13, 2020 . Meritor was paid $265 million in connection with the termination of the

TROY, Mich. , Jan. 30, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that it has entered into an agreement with PACCAR to be its non-exclusive supplier of electric powertrains for its Kenworth T680 and Peterbilt 579 and 520 battery-electric vehicles.

TROY, Mich. , Jan. 27, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) today announced new features and enhancements to MeritorPartsXpress.com that give customers new tools to find, benchmark, order and track replacement parts. "With these improvements, the 24-hour, self-service portal is not